Ripple shareholder Linqto has filed for bankruptcy.

Odaily News Ripple shareholder Linqto has filed for bankruptcy in the Southern District Court of Texas, with an initial hearing expected to take place on Tuesday. Ripple CEO Brad Garlinghouse clarified last week that Linqto holds 4.7 million shares of Ripple's secondary stock but has no direct business relationship with the company. (Cointelegraph)

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